XRP rises 3.5% to $1.54 as whales add $16.9M longs and ECB launches Pontes
- —XRP trades at $1.54 after a 3.5% gain and a break above its 200-day EMA
- —Whales on Hyperliquid opened $16.91M in XRP longs, lifting venue OI to $298.22M
- —Total XRP open interest rose to $3.66 billion
- —ECB launched Pontes with Axiology, built on open-source XRPL code, among participants
Why it matters: Rising open interest and whale longs raise XRP volatility, while the Pontes launch could broaden use of XRPL technology in tokenization.
Source: Blockmedia